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Star Equity Holdings to Present at Sidoti’s Micro-Cap Virtual Investor Conference on January 21-22
Globenewswire· 2026-01-16 13:30
Core Viewpoint - Star Equity Holdings, Inc. is actively engaging with investors through presentations and one-on-one meetings at the Sidoti's Micro-Cap Virtual Investor Conference scheduled for January 21-22, 2026 [1][2]. Company Overview - Star Equity Holdings, Inc. is a diversified holding company focused on building long-term shareholder value by acquiring, managing, and growing businesses with strong fundamentals and market opportunities [3]. - The company operates through four divisions: Building Solutions, Business Services, Energy Services, and Investments [3]. Recent Developments - On August 22, 2025, the company completed the acquisition of Star Operating Companies, Inc., which was previously known as Star Equity Holdings, Inc. This merger resulted in the company changing its name and trading symbols on Nasdaq to STRR and STRRP effective September 5, 2025 [4]. Division Summaries - **Building Solutions**: This division operates in three niches: modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber (glulam) column, beam, and truss manufacturing [5]. - **Business Services**: This division provides flexible and scalable recruitment solutions to a global clientele, focusing on mid-market and enterprise organizations [6]. - **Energy Services**: This division is involved in the rental, sale, and repair of downhole tools used in various industries including oil and gas, geothermal, mining, and water-well [7]. - **Investments**: This division manages and finances the company's real estate assets and investment positions in both private and public companies [8].
Star Equity Holdings to Present at Sidoti's Micro-Cap Virtual Investor Conference on January 21-22
Globenewswire· 2026-01-16 13:30
Core Insights - Star Equity Holdings, Inc. is set to present at Sidoti's Micro-Cap Virtual Investor Conference on January 21-22, 2026, with a main presentation scheduled for January 22 at 10:45am ET [1][2] Company Overview - Star Equity Holdings, Inc. is a diversified holding company focused on building long-term shareholder value through the acquisition, management, and growth of businesses with strong fundamentals and market opportunities [3] - The company operates through four divisions: Building Solutions, Business Services, Energy Services, and Investments [3] Recent Developments - On August 22, 2025, the company completed the acquisition of Star Operating Companies, Inc., which was previously known as Star Equity Holdings, Inc. This merger resulted in the company changing its name and trading symbols on Nasdaq to STRR and STRRP effective September 5, 2025 [4] Division Summaries - **Building Solutions**: This division focuses on modular building manufacturing, structural wall panel and wood foundation manufacturing, and glue-laminated timber (glulam) products [5] - **Business Services**: This division offers flexible recruitment solutions to a global clientele, catering to organizations from entry-level to C-suite positions, with a focus on mid-market and enterprise organizations [6] - **Energy Services**: This division is involved in the rental, sale, and repair of downhole tools for various industries including oil and gas, geothermal, mining, and water-well [7] - **Investments**: This division manages and finances the company's real estate assets and investment positions in both private and public companies [8]
Star Equity Holdings and Hudson Global Sign Definitive Merger Agreement
Globenewswire· 2025-05-21 20:45
Core Viewpoint - The merger between Star Equity Holdings, Inc. and Hudson Global, Inc. aims to create a larger, more diversified holding company, enhancing shareholder value and accelerating growth opportunities for both companies [1][5]. Transaction Highlights - The merger will result in a new entity, "NewCo," with pro-forma annualized revenues of $210 million and a goal of achieving $40 million in Adjusted EBITDA by 2030 [6]. - The merger is expected to generate at least $2 million in annualized cost savings within 12 months, translating to approximately $0.57 in incremental pro-forma EPS [6]. - NewCo will benefit from Hudson's $240 million in U.S. Federal net operating losses (NOL), which are more likely to be utilized than if Hudson operated independently [6]. Transaction Details - The merger will be a stock-for-stock transaction, with Hudson acquiring all outstanding shares of Star, issuing 0.23 shares of HSON common stock for each share of STRR common stock [6]. - Upon completion, Hudson shareholders will own approximately 79% of NewCo, while Star shareholders will own about 21% of the estimated 3.49 million shares outstanding [6]. - The merger is anticipated to close in the second half of 2025, pending regulatory and shareholder approvals [6]. Management and Structure - NewCo will have four reporting segments: Building Solutions, Business Services, Energy Services, and Investments [7]. - The board of directors for NewCo will include three independent directors from each company, with Jeff Eberwein as CEO and Rick Coleman as COO [7]. Company Background - Hudson Global, Inc. is a global total talent solutions provider, while Star Equity Holdings, Inc. operates as a diversified holding company with divisions in Building Solutions, Energy Services, and Investments [15][16].
Star Equity Holdings, Inc. Declares Cash Dividend of $0.25 Per Share of 10% Series A Cumulative Perpetual Preferred Stock
Globenewswire· 2025-05-20 12:30
Core Viewpoint - Star Equity Holdings, Inc. has declared a cash dividend of $0.25 per share for its 10% Series A Cumulative Perpetual Preferred Stock, with a record date of June 1, 2025, and a payment date of June 10, 2025 [1] Company Overview - Star Equity Holdings, Inc. is a diversified holding company with three business divisions: Building Solutions, Energy Services, and Investments [2] Building Solutions Division - The Building Solutions division operates in three areas: 1. Modular building manufacturing 2. Structural wall panel and wood foundation manufacturing, including building supply distribution 3. Glue-laminated timber (glulam) column, beam, and truss manufacturing [3] Energy Services Division - The Energy Services division is involved in the rental, sale, and repair of downhole tools used across various industries, including oil and gas, geothermal, mining, and water-well [4] Investments Division - The Investments division manages and finances the company's real estate assets and investment positions in both private and public companies [5]
Star Equity Holdings to Release First Quarter 2025 Financial Results on May 14th
Globenewswire· 2025-05-07 20:10
Core Viewpoint - Star Equity Holdings, Inc. will release its financial results for Q1 2025 on May 14, 2025, before market opens, followed by a conference call to discuss results and management's outlook [1]. Company Overview - Star Equity Holdings, Inc. is a diversified holding company with three business divisions: Building Solutions, Energy Services, and Investments [3]. Building Solutions Division - The Building Solutions division includes three businesses: modular building manufacturing, structural wall panel and wood foundation manufacturing (including building supply distribution), and glue-laminated timber (glulam) column, beam, and truss manufacturing [4]. Energy Services Division - The Energy Services division focuses on the rental, sale, and repair of downhole tools utilized in the oil and gas, geothermal, mining, and water-well industries [5]. Investments Division - The Investments division manages and finances the company's real estate assets and investment positions in both private and public companies [6].